Comment: political stability is a

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political stability is a

political stability is a necessary precondition of a robust market. This is why nations with strong, overly intrusive governments can still have stronger economies than when there is virtually no government(tribal and feudal societies). Anarchy does not provide as much public confidence in long term stability as government does. Stability is necessary for investment. The Israelites who lived in anarchy wanted government because they wanted more stability.
I would say that Government as a whole operates on something like a Laffer Curve. A certain amount can actually inrease wealth but too much is just counterproducted and wealth-destroying.
http://danieljmitchell.files.wordpress.com/2012/04/laffer-cu...

Ventura 2012